West Fraser Timber (TSE:WFG) Trading Down 1.2% – Here’s What Happened

Shares of West Fraser Timber Co. Ltd. (TSE:WFG) fell 1.2% on Friday . The stock traded as low as C$93.91 and last traded at C$94.52. Approximately 126,662 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 171,706 shares. The stock had previously closed at C$95.67.

West Fraser Timber Trading Down 1.2%

The stock has a market cap of C$7.40 billion, a P/E ratio of -6.16 and a beta of 1.13. The company has a debt-to-equity ratio of 6.83, a quick ratio of 2.10 and a current ratio of 2.06. The firm’s fifty day simple moving average is C$96.07 and its 200-day simple moving average is C$92.33.

West Fraser Timber (TSE:WFG) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C($1.11) EPS for the quarter. West Fraser Timber had a negative net margin of 26.37% and a negative return on equity of 24.96%. The firm had revenue of C$2.04 billion during the quarter. Equities research analysts expect that West Fraser Timber Co. Ltd. will post 8.1184776 EPS for the current fiscal year.

West Fraser Timber Company Profile

West Fraser is a diversified wood products company with more than 50 facilities in Canada , the United States , the United Kingdom , and Europe , which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), northern bleached softwood kraft pulp, paper, wood chips, and other residuals. West Fraser’s products are used in home construction, repair and remodelling, industrial applications, papers and tissue.